29458 Laredo Circle, Menifee, California 92584, Menifee, 92584 - 4 bed, 3 bath
29458 Laredo Circle
Menifee, California 92584
Property Price
SUMMARY
Analysis of 29458 Laredo Circle, Menifee, California 92584 reveals a Prime Investment Opportunity with a current list price of $629,999—significantly undercutting the $672,124 Fair Market Value by 6%. This valuation gap indicates a +$42,125 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Menifee Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29458 Laredo Circle Subject | $629,999* List Price | 4 | 3 | 2,428 | $277 | - |
A 24465 Arroyo Dr. Sold | $670,000 | 4 | 3 | 2,610 | $257 | 0.3 mi |
B 29536 Stageline Circle Sold | $616,000 | 4 | 3 | 2,067 | $298 | 0.2 mi |
C 29893 Bridlegate Way Sold | $700,000 | 4 | 3 | 2,461 | $284 | 0.6 mi |
D 25491 Mountain Springs Sold | $650,000 | 4 | 2 | 2,255 | $288 | 0.7 mi |
E 25315 Lone Acres Road Sold | $625,000 | 4 | 2 | 2,314 | $270 | 0.9 mi |
F 29451 Studio Drive Sold | $640,000 | 4 | 2 | 2,428 | $264 | 0.3 mi |
G 29543 Laredo Active | $654,000 List Price | 4 | 2 | 2,304 | $284 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2022, this property is virtually new and meets all current quality standards with no deferred maintenance. The kitchen features modern upgrades including quartz countertops, white cabinetry, a farmhouse sink, and a 5-burner gas cooktop. The home includes contemporary finishes, energy-efficient solar, and professional landscaping, placing it firmly in the highest condition category.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Turn-Key Features
Built in 2022, this single-story home features high-end kitchen upgrades, quartz countertops, and an included solar system, offering immediate move-in readiness and energy efficiency.
- Prime Lot Positioning
Situated on a large corner lot within a quiet cul-de-sac, the property provides enhanced privacy and a professionally landscaped backyard with a covered patio and custom lighting.
- Resort-Style Community Amenities
Located in Audie Murphy Ranch, residents have access to premium facilities including a 30,000 sq ft clubhouse, multiple pools, sports parks, and over 30 acres of trails.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Recurring Association Costs
The $130 monthly HOA fee adds a mandatory ongoing expense to the property's carrying costs, which may impact the budget for some buyers.
- Commuter Distance
While offering a peaceful suburban environment, the property is approximately 30 minutes away from major employment and entertainment hubs like Temecula Wine Country.
About 29458 Laredo Circle
Spacious and beautiful 4-bedroom 2.5 bath single story home located on a cul-de-sac in desirable Audie Murphy Ranch. Inviting entry way leads to open great room, kitchen and dining area. Kitchen includes many upgrades including farmhouse sink, 5 burner gas cook top and upgraded appliances. Kitchen has white cabinetry, quartz countertops and large walk-in pantry. Home sits on a large corner lot on a cul-de-sac. Backyard includes covered patio area with turf and custom lighting. House is an entertainer's dream. This spectacular home is approximately 30 mins from Temecula Wine country. Solar system included. Residents of Audie Murphy Ranch enjoy over 30 acres of parks, a 30,000 sq ft clubhouse, multiple pools, spas, a skatepark, sports fields, and miles of trails. The Ranch house a 3.8-acre hub with a clubhouse, two pools, tot lot, BBQ areas, and a grassy amphitheater. The Plunge a recreational spot featuring a Junior Olympic swimming pool, a children's wading pool. The Spirit Park (lighted tennis/basketball courts, memorial garden and 11 acres Sports Park with soccer/baseball fields and a skate park. Miles of walking, hiking and biking trails, plus neighborhood parks with playgrounds and picnic spots. Regular events, such as pizza and bingo nights, yoga, and holiday celebrations, are hosted at the clubhouse. The community is situated near an ecological preserve , with easy access to I-15 and I-215.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2022
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $130.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,428 | 2,322 | 54% |
| Lot Size | 7,841 | 7,405 | 63% |
| Price | $630.0K | $623.7K | 51% |
| Price per sq ft | $259 | $271 | 42% |
| Built year | 2022 | 2007 | 81% |
| HOA | $130.0 | $81 | 67% |
| Days on market | 8 | 178 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$629,999
Initial Listing
Sold
Jan 12, 2022
$529,000
Public Record
Sold
Oct 30, 2020
$7,347,000
Public Record